The incubator, housed at the Market East headquarters of Interstate General Media, the parent company of the the Philadelphia Inquirer, the Philadelphia Daily News and Philly.com, is now accepting applications from startups.

The Knight Foundation grant is a nearly $100,000 increase of the initial $250,000 grant that the Project Liberty partners received in 2011 to run three classes of the incubator. Project Liberty partners include Interstate General Media, Benjamin Franklin Technology Partners, DreamIt Ventures and Drexel University.

It’s not clear yet what the increase in funding will bring, whether it’s more cycles of the incubator or support for more startups — the first Project Liberty iteration supported eight startups throughout three cycles.

Representatives from Interstate General Media and Project Liberty did not respond to a request for comment as of press time.